Why are SFC ICAC raids significant for Hong Kong markets?

They signal tougher enforcement on Hong Kong insider trading, raising legal and compliance risks for brokers and funds. That can slow block trades and IPO activity, widen bid-ask spreads, and pressure valuations until details emerge. We expect investors to demand higher risk premia and to rotate toward stronger balance sheets and clearer governance.

Why is Infini Capital central to the story?

Reports tie the probe to alleged insider dealing and bribery linked to Infini Capital. The fund’s role in block trades made it a key liquidity node. If counterparties reduce exposure, execution becomes harder and financing costlier, affecting related placements and near-term trading flows across Hong Kong brokers.

How could prime-broker exits affect liquidity?

If primes scale back services to a fund like Infini Capital, dealers may offer smaller sizes, demand larger haircuts, and quote wider spreads. Block trade discounts can grow, and IPO books may fill more slowly. For traders, expect choppier fills, higher slippage, and a greater need for patient, staged orders.

Are 1788.HK or 6030.HK buys after the drop?

Both trade with headline risk. 6030.HK screens cheaper on PE and PB with oversold RSI, but liquidity and regulatory updates matter. 1788.HK shows weaker momentum and a higher PE. Consider phased entries, defined stops, and waiting for earnings commentary on counterparty access and compliance before sizing up positions.

What near-term catalysts should I watch?

Watch formal SFC or ICAC updates, company filings on risk controls, any changes in prime-broker relationships, and earnings: CITIC Securities on 13 Mar 2026 and Guotai Junan International on 30 Mar 2026. Also monitor block trade pricing and IPO calendars for signs that liquidity and risk appetite are stabilizing.

Global Market Insights

1788.HK Stock Today: March 13 SFC-ICAC Raids, 8 Arrests Hit Brokers

ByHuzaifa Zahoor March 13, 2026March 13, 2026

Infini Capital sits at the heart of Hong Kong insider trading headlines after the SFC and ICAC conducted large-scale raids and made eight arrests tied to an alleged HK$315 million scheme. Reports suggest brokerages and hedge fund links are under review, pressuring Guotai Junan International and CITIC Securities. With prime brokers reportedly trimming ties to Infini Capital, we expect tighter liquidity in block trades and IPO flows. Below, we break down what moved, where valuations stand, and what Hong Kong investors should watch next.